SAN DIEGO, Oct. 7 /PRNewswire/ -- Krause, Kalfayan, Benink & Slavens, LLP filed a class action lawsuit on September 29, 2010 in San Diego Superior Court on behalf of a nationwide class of consumers against First American Law Center, Inc. ("FALC") of Oceanside, California and San Diego attorney Dean G. Chandler.
The lawsuit, brought by couples from Glen Ridge, N.J. and Bakersfield, CA, alleges that FALC and its founder, Chandler, charge consumers upfront fees in connection with loan modification services before the loan modification services are completed. The lawsuit states that the practice violates a year-old law, California Civil Code Section 2944.7.
The California legislature enacted Section 2944.7, effective October 11, 2009, in response to increasing consumer complaints about loan modification scams. Section 2944.7 prohibits persons offering to perform a mortgage loan modification from charging any compensation until after the person has fully performed each and every service to which the person agreed.
FALC did not obtain a modification of either couple's loan and neither couple received a refund from FALC despite their requests. The lawsuit seeks to recover at least $2 million in loan modification fees for the class.
About Krause Kalfayan Benink & Slavens, LLP.: KKBS is a boutique law firm located in San Diego, CA representing consumers, shareholders, and businesses in individual and class action litigation.
If you wish to discuss this action or have any questions concerning the lawsuit or rights or interests with respect to these matters, please contact attorneys for plaintiff, Eric J. Benink at Krause, Kalfayan, Benink & Slavens, LLP, 625 Broadway, Suite 635, San Diego, CA 92101, Tel: (619) 232-0331, email: firstname.lastname@example.org.
SOURCE Krause, Kalfayan, Benink & Slavens, LLP